Home Care Franchise opportunities to start in Stevenage
What to consider when opening a franchise in Stevenage
Franchising is a great way to start your own business, while benefitting from the comprehensive support of an established brand. Take a look at our selection of brands in Stevenage, located in the Stevenage area in the East of England, where many businesses are currently recruiting. Explore our sectors and brands to find your best options among many franchising opportunities, keeping in mind your personal interests and business goals.
Stevenage has a population of approximately 88,000 people. Residents aged 20 to 39 years old have the highest concentration in the population. The region has a 3% unemployment rate, which is lower than the national average of 4%. Overall, the region's labour force consists of 46,300 people or 83.1% of the total population. The average gross salary in the United Kingdom is just over £30,500. Residents of Stevenage earn £28,369 a year on average.
Could Home Care services be the right choice for you?
There are nine franchises in Home Care services to choose from. In fact, the Personal & Home Care Services sector as a whole offers a wide variety of franchises to invest in, including nine Preschool franchises, 12 Senior Care franchises, five Drainage franchises, 17 Education franchises and 14 Kids & Childrens franchises. Have a look at our available brands to find a potential match.
Three examples of available franchise business options
There are many interesting franchising possibilities in Home Care services. Take Apollo Care for example. This brand is expanding, counting nine outlets across the country. Starting an Apollo Care franchise will require you to invest a minimum of £26,000. At least £5,000 of this should come from your own personal investment. Given these low startup costs, this option could be suitable for first-time franchisees. Eligible candidates may apply for financial aid.
Radfield Home Care is another interesting franchising opportunity if you plan to invest in Home Care services. By joining its network of 13 franchisees, you could play a part in this brand's success. A substantial initial investment of £90,000 will enable you to open your own Radfield Home Care business. In most cases, your personal investment should represent 30 to 50% of the total amount. Radfield Home Care requires you to personally invest at least £27,000. You could potentially get a loan to cover the remaining costs. Due to the higher startup costs, this option is not recommended for first-time franchisees. You will also need to invest in a small premises to operate this business. Financial support is available for eligible franchisees.
Right at Home is a third interesting investment opportunity in Home Care services. There are 49 locations open so far, and the network is expanding. You will need an initial investment of £120,000 to start your own Right at Home business. Your personal investment should account for at least £40,000 of the total amount. You may want to think about getting a loan to open a business in this sector. Given these higher startup costs, this is an opportunity best suited for most established franchisees with greater access to financial resources. Also, if you can't cover the startup costs alone, you may be able to benefit from financial assistance. Visit our website for details.
If you would like to check out more new business investment options in Home Care services, we currently have nine available opportunities. If this sector doesn't suit your needs, don't worry. Point Franchise offers close to 250 franchise options across a range of sectors to help you find your perfect investment opportunity.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.